Ritchie Bros. Auctioneers Incorporated (TSE:RBA) (NYSE:RBA) declared a quarterly dividend on Thursday, January 13th, Zacks reports. Shareholders of record on Friday, February 11th will be paid a dividend of 0.316 per share on Friday, March 4th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date is Thursday, February 10th. This is a boost from Ritchie Bros. Auctioneers’s previous quarterly dividend of $0.31.
Shares of TSE:RBA opened at C$77.67 on Friday. Ritchie Bros. Auctioneers has a 52 week low of C$64.17 and a 52 week high of C$94.96. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 75.52. The firm has a fifty day simple moving average of C$83.61 and a two-hundred day simple moving average of C$79.81. The stock has a market capitalization of C$8.59 billion and a P/E ratio of 39.89.
Ritchie Bros. Auctioneers (TSE:RBA) (NYSE:RBA) last released its quarterly earnings results on Thursday, November 4th. The company reported C$0.55 EPS for the quarter, topping analysts’ consensus estimates of C$0.43 by C$0.12. The firm had revenue of C$415.13 million for the quarter, compared to analysts’ expectations of C$410.38 million. On average, analysts expect that Ritchie Bros. Auctioneers will post 2.5199999 earnings per share for the current year.
About Ritchie Bros. Auctioneers
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery.
Featured Article: 12b-1 Fees
Receive News & Ratings for Ritchie Bros. Auctioneers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ritchie Bros. Auctioneers and related companies with MarketBeat.com's FREE daily email newsletter.